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American wine app Drync lands $2.1M in funding
Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.
LT Group increases stake in Philippine sugar mill Victorias Milling
Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amount.
Obama assembles new ambassadors for entrepreneurship at the White House
US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.
California-based semiconductor developer Ineda scores $17M in Series B round
Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).